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20120901
20120930
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KQEH (PBS) 5
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Search Results 0 to 4 of about 5
PBS
Sep 20, 2012 6:30pm PDT
, there are conflicting views of beijing's role as banker to the united states government. some see it as a source of leverage, but others see chinese holdings of u.s. debt as an investment with little return. >> it's not invested in their own country. it hasn't been given to their own people. it's a gigantic waste of money. and really, it does not give china leverage over the u.s., because if they used it, they'd only be shooting themselves in the foot. so, in that respect, i think it's as much a symbol of a weak imbalances in the chinese economy as it is of chinese power. >> reporter: and even if the chinese government wanted to sell off u.s. treasuries, it's not clear it could find a buyer. >> the bigger problem is if they announced that they were simply not going to participate in the next treasury auction or the next three or four treasury auctions. that would produce something of a scramble to see who would participate. the result would probably be some increase in interest rates here. >> reporter: but even that seems likely to hurt china as much or more than the united states. china buys u.
PBS
Sep 17, 2012 6:30pm PDT
's accomplished. that and more tonight on "n.b.r."! trade tensions between the united states and china are heating up again. this morning, the two countries challenged each other in the world trade organization. the u.s. is accusing china of illegally subsidizing auto and auto parts exports, and hurting u.s. made goods. and china claims trade laws here, open the door for illegal tariffs on a wide range of chinese products. sylvia hall breaks down what's behind the latest flareup. >> reporter: here in the u.s., the auto and auto parts industries employ about 800,000 american workers. the government says those workers are hurt by the money china gives to subsidize its own auto industry. and in ohio, a key swing state fueled by cars, president obama promised a crack down: >> these are subsidies that directly harm working men and women on the assembly lines in ohio and michigan and across the midwest. it is not right, it is against the rules, and we will not let >> reporter: the administration said that between 2009 and 2011, the chinese government offered up at least $1 billion in subsidies to its au
PBS
Sep 24, 2012 6:30pm PDT
after new years sending the economy into reverse. >> and it's not a threat just for the united states of america. it's a threat for the global economy given the size of the u.s. economy and it's linkages with many other countries around the globe. >> reporter: if the u.s. slows, there may not be anyone left to pick up the slack. even china looks like its growth is faltering. darren gersh, "n.b.r.," washington. >> reporter: i'm diane eastabrook in central illinois. still ahead, the harvest is under way, and farmers are figuring out just how much damage the drought did to their crops. >> tom: that free checking account may not be so free. new regulations are squeezing bank profits, sending banks, both big and small, looking for new ways to bring in revenue. one way is by doing away with the free checking account which was so popular in the late 90's. ruben ramirez reports. >> reporter: dick evans is the c.e.o. of cullen/frost bankers. frost has 115 branches around texas. he says checking account fees are going up because of increased government regulation that went into effect a year ag
PBS
Aug 31, 2012 6:30pm PDT
any of these bs characters isic -- characteristics in the united states. particularly with the u.s. bond market. >> i don't see any there.to thes are valued highly is because people have a lot of fear. they worry about inflation long term. people are snake bitten by the volatility that we have been through. they are looking for places to park cash. >> is there a normally highturns right now? and i'm a fleyed -- afraid that the answer is they are not. >> they tell us gold ask isshow >> tom: the researchers did tell us they think gold is showing some signs characteristic of a price bubble. >> susie: today was clean up day for communities along louisiana's gulf coast, after days of strong winds and heavy rain, residents and businesses began the process of getting things back to normal after hurricane isaac. early estimates on the cost of the storm are running at $2 billion according to calculations by the firm air worldwide. the company says the numbers could go higher because of heavier than expected rain and flooding from that category one hurricane. president obama will tour the
PBS
Sep 26, 2012 6:30pm PDT
such as in europe. >> tom: i want to ask about demand here in the united states, because natural gas prices have been very low for quite some period of time thanks to new drilling techniques that have led to an abundance of natural gas. how high are natural gas prices have to go in order for your industry, the coal miners, to begin to see a pickup in demand domestically? >> well, when we see gas get back to the $3 range, coal will be back in money in terms of dispatching the electricity market. i think it's public policys that don't allow us to compete and we're starting to see what we believe are bad public policys that are going to carry bad chemical weaponss for american business and american consumers. >> tom: i want to ask you about one of those, an e. p. a. rule that would require plants built after april 2013, power plants, to have carbon capture technology. what kind of impact may that have on coal demand there after? >> well, tom, that is a policy that says we're not going to invest in the future of coal and future of clean coal technology, because if you're going to require something t
Search Results 0 to 4 of about 5